NSK Dividend yield

NSK is part of Automobiles and Parts business, which is part of Consumer Goods industry. NSK is a company from Japan, and his stocks are publicly traded.

NSK stock dividend

NSK paid a total dividend of 15,375 million JPY last year, for a market value of 435,537 millions (Market Cap 374,421 millions). NSK dividend per share is 29.97 JPY, and his stock market price 849.00 JPY.

According to the chart below, where dividend yield is displayed, NSK has a dividend yield of 3.53%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare NSK stocks dividend with other Automobiles and Parts companies or other of the highest Japan dividend stocks list.

NSK Dividend Payout

About the ability of NSK to maintain his current dividend of JPY 29.97 per share, an amount that accounts for 3.53%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NSK payout on ernings is currently 64.95%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that NSK can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of NSK is JPY 124.85 per share, which is higher than the dividend per share paid by the company of JPY 29.97, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NSK, compared againt world market average, Japan companies, Consumer Goods industry and Automobiles and Parts sector companies.

NSK Dividend History

Below you will find a table with the historical evolution of NSK's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	JPY	Paypout	Shares*
Present	3.53%	29.97	64.95%	513
2022	4.28%	30.00	69.75%	513
2021	2.71%	20.00	180.51%	513
2020	2.23%	19.98	45.71%	512
2019	3.84%	39.97	33.79%	512
2018	4.32%	41.00	28.51%	512
2017	1.86%	33.00	35.16%	528
2016	2.49%	31.03	23.66%	527
2015	2.13%	32.99	28.75%	541

*In millions

Then you can see the evolution of NSK dividend stock, and compare it with the average of Japan stocks and that of the Automobiles and Parts stocks.

NSK Stock performance

Finally, last moth NSK showed a return of -7.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 12.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Automobiles and Parts firms.